Macro Musings with David Beckworth cover image

Paul Tucker on *Global Discord: Values and Power in a Fractured World Order*

Macro Musings with David Beckworth

00:00

Central Banks, What Are Your Takes on the Fed?

Paul Waldman: I think the Fed, essentially, there were three mistakes. The one is in 2020 when you're trying to stimulate aggregate demand as aggregate supply is shrinking. He says not all purchases of government bonds need to be quantitative easing. And he argues that it wasn't necessary and in some respects was a bad idea on monetary policy terms.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app